House prices are falling all over the country. In May this year, the average selling price of newly-built houses in China was 9878 yuan/square meter, which was 1 year1month and February's peak of1228 yuan, a decrease of 1350 yuan per square meter.
1 and/have all been lowered. Relevant records show that the house sales 1.05 trillion yuan is 32% less than the same period of last year, and the loan amount has decreased by 27%. The inventory is still very large, and the sales of real estate enterprises such as Vanke and Sunac are also in a downward trend. Although local governments have also released real estate loosening measures one after another, they want to rescue the market. But this situation has created a more dangerous scene of real estate.
2. Many people feel that real estate is finally unsustainable. But I think the process will be slower than people think. In fact, house prices are not falling all over the country. For example, in first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, their house prices are still rising, and their prices are still rising by 0.4%.
3. Housing prices in second-tier cities are generally declining. According to big data, the National Bureau of Statistics concluded that in May 2022, Shijiazhuang, Taiyuan, Hohhot, Shenyang, Dalian, Changchun, Harbin, Nanjing, Hangzhou, Ningbo, Hefei, Fuzhou, Xiamen, Nanchang, Jinan, Nanning, Haikou, Chongqing, Chengdu, Guiyang, Kunming, Xi 'an, Lanzhou and other 3 1 second-tier cities. 0. 1%, the degree of decline was the same as last month.
4. House prices in third-tier cities are also generally declining. In May, house prices in 35 third-tier cities including Baotou, Dandong, Jinzhou, Jilin, Mudanjiang, Wuxi, Xuzhou, Yangzhou, Wenzhou, Jinhua, Jiujiang, Ganzhou, Yantai, Jining, Luoyang, Pingdingshan, Yichang, Xiangyang, Yueyang, Changde, Shaoguan, Zhanjiang, Huizhou, Guilin, Beihai and Dali.
5. All parts of the real estate are carrying out regulation and relaxation policies. Recently, many second-and third-tier cities have issued policies to relax the property market. On May 14, Dongguan issued a notice to change the value-added tax to two years after five years, and to two years after three years of sales. Two-family apartments are issued certificates according to one property. For families with two children and three children, the government allows them to buy one more set (three sets are restricted) and a series of related relaxation policies. Now many cities are releasing the deregulation of the property market, many of which are still due to the pressure of fiscal revenue.
6, just need to buy a house decline. Many people are holding a wait-and-see attitude. At present, the urban residential housing is as high as 96%, and the property ownership per household is 1.5 sets. In the face of national housing speculation, many real estate speculators are observing with money for real estate tax and vacant house tax.
7. Emergence of COVID-19 epidemic. Local epidemics have occurred in many places, resulting in economic downturn and severe inflation. People just want to keep their money in their hands and refuse to invest in real estate. Think that real estate is a bubble economy.
Generally speaking, in 2022, house prices in the whole country are in a declining position. In May, houses in second-and third-tier cities all fell, and they have fallen so badly recently, which is caused by many local policies, such as the relaxation of property market regulation, and the decline in demand for housing.